Realmo Analytics

Get reports on 50M+ commercial properties in the US. Find and target property leads based on your business goal.

Property profile

7400 Hickman Rd Des Moines, IA 50325

FOR LEASE
Strip malls
Property ID
US25-0667945
17,360 SF 2.56 ac lot Built 1980
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

This exceptional executive office space, located at 7400 Hickman Road in Windsor Heights, Iowa, offers a fantastic opportunity for businesses seeking flexible and modern office solutions. The property, built in 1987, is situated in Polk County and boasts a total of 11,346 square feet, with a variety of suite sizes available. Six individual spaces are currently available for lease, ranging from a minimum of 473 square feet to a maximum of 2,759 square feet. The maximum contiguous space…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2020

What does the county charge?
$39k
Tax billed · 2020
Assessed value · 2023$944k
Assessed land$857k
Assessed improvement$87k
Effective rate4.15%

Value estimate

· Oct 2026
$505k
$455k – $556k
AI approach$505k
NOI build-up
Gross scheduled income$28k
Vacancy & credit loss−$2k
Operating expenses−$8k
NOI · 145,376.00% cap applied$18k

Realmo valuation models over county records and 11 qualifying comparable sales.

Recently sold

What actually traded nearby?
$80/SF
Submarket average, outlier-cleaned · 32 recorded sales of this use type
Observed band · Q1–Q3$53 – $117
Qualifying comparables11

Cap rate analysis

How does the asset earn?
145,376.00%
$18k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
CC
This district is intended for commercial facilities which serve the needs of markets ranging from several neighborhoods to the overall re...
General categoryCOMMERCIAL
JurisdictionPOLK

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Parts Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Parts Store13.9
Realty agency13.7
Convenience Store12.3

Location

7400 Hickman Rd Des Moines, IA 50325
County assessor Recorded deeds · 1 transfer 11 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

1 recorded sale · 8 properties nearby
Recent sales nearby
1 recorded sale in this ZIP, last 8 years
Address Sale price Sold Size
801 73rd, Windsor Heights, IA 50324-1025 $2,110,000 Apr 2021 26,721 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved